Howard H. Stevenson

Sarofim-Rock Professor of Business Administration, Emeritus

Howard H. Stevenson is Sarofim-Rock Baker Foundation Professor, Senior Associate Dean, Director of Publishing, and Chair of the Harvard Business Publishing Company board. The Sarofim-Rock Chair was established in 1982 to provide a continuing base for research and teaching in the field of entrepreneurship. Professor Stevenson is its first incumbent. The program for entrepreneurial studies uses a multi-disciplinary approach to the creation and maintenance of entrepreneurial focus of business organizations. He served as the Vice Provost for Harvard University Resources and Planning and as Senior Associate Provost from 2005 to 2007. As Senior Associate Dean and Director of External Relations at Harvard Business School from 2001 to 2005 he led the successful capital campaign. From 1999 to 2001 he served as Chair of the Latin American Faculty Advisory Group. He also served as Senior Associate Dean and Director of Financial and Information Systems for Harvard Business School from 1991 to 1994. He has been chairperson of the Owner/President Management Program in Executive Education and of the Publications Review Board for the Harvard Business School Press of Harvard Business Publishing Company.

Howard was a founder and first president of the Baupost Group, Inc. which manages partnerships investing in liquid securities for wealthy families. When he resigned from active management, Baupost assets had grown to over $400 million. He is now co-chairman of the Advisory Board of Baupost LLC, a $21 billion registered investment company. From 1978 to 1982, Professor Stevenson was Vice President of Finance and Administration and a Director of Preco Corporation, a large privately-held manufacturing company. In addition, in 1970-71, he served as Vice President of Simmons Associates, a small investment banking firm specializing in venture financing.

Prior to 1978, he held various academic appointments at Harvard University, specializing in Real Property Asset Management and General Management. He received his B.S. in mathematics, with distinction, from Stanford and his M.B.A., with high distinction, and D.B.A. degrees from Harvard University. He was a recipient of the ALCOA and Ford Foundation Fellowships for graduate study. He was awarded an honorary doctoral degree in 2007 by the Universite de Montreal.

He has authored, edited or co-authored eleven books and forty-two articles including New Business Ventures and the Entrepreneur, with Michael J. Roberts and H. Irving Grousbeck; Policy Formulation and Administration, with C.R. Christensen, N. Berg and M. Salter; The Entrepreneurial Venture with William Sahlman, 'The Importance of Entrepreneurship' and 'Capital Market Myopia,' with William Sahlman; 'A Perspective on Entrepreneurship,' and 'Preserving Entrepreneurship As You Grow.' 'The Heart of Entrepreneurship', 'How Small Companies Should Deal with Advisers', 'Why Be Honest If Honesty Doesn't Pay' and 'Success That Lasts' have appeared in The Harvard Business Review. Other scholarly papers of his have appeared in Sloan Management Review, Real Estate Review, Journal of Business Venturing, Journal of Business Strategy , Strategic Management Journal and elsewhere. He has also authored, co-authored or supervised over one-hundred fifty cases at Harvard Business School. He is the author of Do Lunch or Be Lunch: The Power of Predictability in Creating Your Future, published by HBS Press and co-author, with David Amis, of Winning Angels: The Seven Fundamentals of Early Stage Investing. He co-authored with Laura Nash Just Enough: Tools for Creating Success in Your Work and Life and with Eileen C. Shapiro Make Your Own Luck; Entrepreneurship in the Social Sector was written with Jane Wei-Skillern, James E. Austin, and Herman Leonard.

He is currently a director of Camp Dresser & McKee Inc. as well as a trustee for several private trusts and foundations. He is a life trustee of the Boston Ballet and has been a director of Sudbury Valley Trustees where he served as president from 1996 to 2000. He is on the board of National Public Radio and served as chairman of National Public Radio Board of Directors from 2008-2010. He is a trustee of Mount Auburn Hospital and a trustee emeritus of the Nature Conservancy. He is a member of the governing board of INSPER School of Business in Sao Paulo, Brazil and the Advisory Board of the J.J. Strossmayer University in Osijek, Croatia.

 

Books

  1. Entrepreneurship in the Social Sector

    "Entrepreneurship in the Social Sector provides an excellent overview of the many tools available to the entrepreneur to advance his or her mission, and it discusses many of the problems that organizations and their managers encounter at different points of a growth process."
    -NONPROFIT AND VOLUNTARY SECTOR QUARTERLY

     Written for students and practitioners, this unique text, with Harvard cases, provides detailed analysis and frameworks for achieving maximum impact through social entrepreneurship. Entrepreneurship in the Social Sector enables readers to attain an in depth understanding of the distinctive characteristics of the social enterprise context and organizations. The authors offer tools to develop the knowledge to pursue social entrepreneurship more strategically and achieve mission impact more efficiently, effectively, and sustainably.

    Keywords: Entrepreneurship; Society;

    Citation:

    Wei-Skillern, Jane, James Austin, Herman Leonard, and Howard Stevenson. Entrepreneurship in the Social Sector. Sage Publications, 2007.
  2. New Business Ventures and the Entrepreneur

    Keywords: Entrepreneurship;

    Citation:

    Roberts, Michael J., Howard H. Stevenson, William A. Sahlman, Paul Marshall, and Richard G. Hamermesh, eds. New Business Ventures and the Entrepreneur. 6 New York: McGraw-Hill/Irwin, 2006.
  3. Make Your Own Luck: 12 Practical Steps to Taking Smarter Risks in Business

    Keywords: Risk and Uncertainty; Business Ventures;

    Citation:

    Stevenson, H., and Eileen C. Shapiro. Make Your Own Luck: 12 Practical Steps to Taking Smarter Risks in Business. Portfolio. New York: Portfolio, 2005.
  4. Just Enough: Tools for Creating Success in Your Work and Life

    Keywords: Success; Labor;

    Citation:

    Stevenson, Howard, and Laura Nash. Just Enough: Tools for Creating Success in Your Work and Life. John Wiley & Sons, 2004.
  5. Winning Angels: The Seven Fundamentals of Early-stage Investing

    Keywords: Investment Portfolio;

    Citation:

    Amis, David, and H. H. Stevenson. Winning Angels: The Seven Fundamentals of Early-stage Investing. London: Pearson Education, 2001.
  6. New Business Ventures and the Entrepreneur, Instructor's Manual

    Keywords: Business Ventures; Entrepreneurship;

    Citation:

    Stevenson, H. H., H. I. Grousbeck, M. J. Roberts, and A. V. Bhide. New Business Ventures and the Entrepreneur, Instructor's Manual. Burr Ridge, IL: Irwin/McGraw-Hill, 1999.
  7. The Entrepreneurial Venture

    Keywords: Entrepreneurship; Business Ventures;

    Citation:

    Sahlman, William A., Howard H. Stevenson, Michael J Roberts, and Amar V. Bhide. The Entrepreneurial Venture. 2nd ed. Harvard Business School Press, 1999.
  8. New Business Ventures and the Entrepreneur

    Keywords: Business Startups; Entrepreneurship;

    Citation:

    Stevenson, H., H. Irving Grousbeck, M. J. Roberts, and Amar V. Bhide. New Business Ventures and the Entrepreneur. 5th ed. Irwin/McGraw-Hill, 1999.
  9. Do Lunch or Be Lunch: The Power of Predictability in Creating Your Future

    Keywords: Personal Development and Career;

    Citation:

    Stevenson, H. H., and Jeffrey L. Cruikshank. Do Lunch or Be Lunch: The Power of Predictability in Creating Your Future. Boston: Harvard Business School Press, 1998.
  10. Introduction to the Entrepreneurial Venture

    Keywords: Business Ventures; Entrepreneurship;

    Citation:

    Stevenson, H. H., and W. A. Sahlman, eds. Introduction to the Entrepreneurial Venture. Boston, MA: Harvard Business School Press, 1991.

Journal Articles

  1. How to Change the World

    Alan Wilson has a decision to make. The CEO of his company, Grepter, wants him to relocate to Zurich, where he can gain valuable experience for a rise to the top. Karl, his best friend, hopes to lure him to a hedge fund that promises big money fast. Shiori, an enticing former girlfriend, wants him to join her in delivering medical care to patients in developing countries. Alan knows for sure only that he wants to make an impact. Four experts comment on this fictional case study in R0801A and R0801Z. Laura Scher, the CEO of Credo Mobile, advises Alan to consider what each option will deliver in terms of money, power, quality of life, and—most important—personal values. As long as he brings his values into the workplace, any of the three could be the right choice. Daniel Vasella, the CEO of Novartis, cautions Alan to examine what truly drives him, personally and professionally. All things considered—not least the potential hazards of working with a friend—his future looks most promising at Grepter. Barbara H. Franklin, the CEO of an international trade consulting and investment firm, thinks Alan would do well to join Shiori's enterprise. The experience with social policy might draw him to public service, where his impact on society could be significant. Christina C. Jones, the CEO of Extend Fertility, has also faced a variety of choices combined with an urge to do meaningful work. She believes that Alan should cultivate his skills at Grepter while developing a firmer notion of what he wants to be and do.

    Keywords: Decision Choices and Conditions; Values and Beliefs; Compensation and Benefits; Personal Development and Career; Power and Influence;

    Citation:

    Stevenson, Howard H. "How to Change the World." Special Issue on HBS Centennial. Harvard Business Review 86, no. 1 (January 2008).
  2. The Tools of Cooperation and Change

    Keywords: Cooperation; Change; Management Analysis, Tools, and Techniques;

    Citation:

    Christensen, Clayton M., Matt Marx, and Howard H. Stevenson. "The Tools of Cooperation and Change." Harvard Business Review 84, no. 10 (October 2006).
  3. Social and Commercial Entrepreneurship: Same, Different, or Both?

    Keywords: Entrepreneurship; Society;

    Citation:

    Austin, James E., Howard Stevenson, and Jane Wei-Skillern. "Social and Commercial Entrepreneurship: Same, Different, or Both?" Entrepreneurship Theory and Practice 30, no. 1 (January 2006).
  4. Success That Lasts, 659X

    Keywords: Success;

    Citation:

    Nash, Laura L., and Howard Stevenson. "Success That Lasts, 659X." HBR OnPoint Enhanced Edition. Harvard Business Review (April 2004).
  5. Secret to Success: Go for "Just Enough"

    Keywords: Success;

    Citation:

    Nash, Laura, and Howard Stevenson. Secret to Success: Go for "Just Enough". HBS Working Knowledge (March 8, 2004).
  6. Success That Lasts

    Keywords: Success;

    Citation:

    Nash, Laura, and Howard Stevenson. "Success That Lasts." R0402H. Harvard Business Review 82, no. 2 (February 2004): 102–109.
  7. Ethical Universals in Practice: An Analysis of Five Principles

    Keywords: Ethics; Practice; Theory;

    Citation:

    Moldoveanu, M. C., and H. H. Stevenson. "Ethical Universals in Practice: An Analysis of Five Principles." Journal of Socio-Economics 28, no. 1 (1999).
  8. We Create Entrepreneurs

    Keywords: Entrepreneurship;

    Citation:

    Stevenson, H. H. "We Create Entrepreneurs." Success 42, no. 7 (September 1995).
  9. The Power of Predictability

    Keywords: Forecasting and Prediction;

    Citation:

    Stevenson, H. H., and M. C. Moldoveanu. "The Power of Predictability." Harvard Business Review 73, no. 4 (July–August 1995).
  10. Power

    Citation:

    Stevenson, H. H. "Power." Success 41, no. 5 (June 1994).
  11. The Mind-Style of the Entrepreneur

    Keywords: Entrepreneurship;

    Citation:

    Warshaw, M., and H. H. Stevenson. "The Mind-Style of the Entrepreneur." Success 40, no. 3 (April 1993).
  12. Trust, Uncertainty, and Profit

    Keywords: Trust; Profit; Risk and Uncertainty;

    Citation:

    Bhide, A. V., and H. H. Stevenson. "Trust, Uncertainty, and Profit." Journal of Socio-Economics 21, no. 3 (fall 1992): 191–208.
  13. Co-operative Strategies-The Payoffs and the Pitfalls

    Keywords: Strategy;

    Citation:

    Jarillo, J. C., and H. H. Stevenson. "Co-operative Strategies-The Payoffs and the Pitfalls." Long Range Planning 24, no. 1 (February 1991).
  14. Why Be Honest If Honesty Doesn't Pay?

    Citation:

    Bhide, A. V., and H. H. Stevenson. "Why Be Honest If Honesty Doesn't Pay?" Harvard Business Review 68, no. 5 (September–October 1990): 121–129.
  15. A Paradigm of Entrepreneurship: Entrepreneurial Management

    Keywords: Entrepreneurship; Management;

    Citation:

    Stevenson, H. H., and J. C. Jarillo-Mossi. "A Paradigm of Entrepreneurship: Entrepreneurial Management." Strategic Management Journal 11 (summer 1990): 17–27.
  16. Entrepreneurial Management's Need for a More 'Chaotic' Theory

    Keywords: Entrepreneurship; Management; Theory;

    Citation:

    Stevenson, H. H., and S. Harmeling. "Entrepreneurial Management's Need for a More 'Chaotic' Theory." Journal of Business Venturing 5, no. 1 (January 1990): 1–14.
  17. Capital Market Myopia

    Keywords: Capital; Markets;

    Citation:

    Sahlman, William A., and Howard H. Stevenson. "Capital Market Myopia." Journal of Business Venturing 1, no. 1 (winter 1985): 7–30. (Reprinted as Chap. 3 in The Entrepreneurial Venture, edited by William A. Sahlman, Howard H. Stevenson, Michael J. Roberts and Amar Bhide, 35-64. Boston: Harvard Business School Press, 1999.)

Book Chapters

  1. Entrepreneurial Management: In Pursuit of Opportunity

    Keywords: Entrepreneurship; Management Style; Opportunities;

    Citation:

    Stevenson, H. H., and T. M. Amabile. "Entrepreneurial Management: In Pursuit of Opportunity." In The Intellectual Venture Capitalist: John H. McArthur and the Work of the Harvard Business School, 1980-1995, edited by T. K. McCraw, and J. L. Cruikshank. Boston: Harvard Business School Press, 1999.
  2. The Power of Predictability

    Keywords: Forecasting and Prediction;

    Citation:

    Stevenson, H. H., and Mihnea Moldoveanu. "The Power of Predictability." In The Quest for Loyalty: Creating Value Through Partnership, edited by Fred Reichheld. Boston: Harvard Business School Press, 1996.
  3. Entrepreneurship: A Definition Revisited

    Keywords: Entrepreneurship;

    Citation:

    Hart, M. M., H. H. Stevenson, and J. Dial. "Entrepreneurship: A Definition Revisited." In Frontiers of Entrepreneurship Research, 1995: Proceedings of 15th Annual Entrepreneurship Research Conference, edited by W. Bygrave. Babson Park, MA: Babson College, 1996.
  4. Entrepreneurs and the Next Generation, Management Advantages and Challenges in a Family Business

    Keywords: Corporate Entrepreneurship; Family Business;

    Citation:

    Hart, M. M., and H. H. Stevenson. "Entrepreneurs and the Next Generation, Management Advantages and Challenges in a Family Business." In Frontiers of Entrepreneurship Research, 1993: Proceedings of 13th Annual Conference, edited by N. C. Churchill, 646–660. Babson Park, MA: Babson College, 1994.
  5. A New Entrepreneurial Paradigm

    Keywords: Entrepreneurship;

    Citation:

    Stevenson, H. H., and J. C. Jarillo-Mossi. "A New Entrepreneurial Paradigm." In Socio-Economics: Toward a New Synthesis, edited by P. R. Lawrence, and A. Etzione. Armonk, NY: M.E. Sharpe, 1991.
  6. The Entrepreneurial Process

    Keywords: Entrepreneurship; Management Practices and Processes;

    Citation:

    Sahlman, William A., and Howard H. Stevenson. "The Entrepreneurial Process." Chap. 5 in Small Business and Entrepreneurship, edited by Paul Burns, and Jim Dewhurst, 94–157. London: Macmillan Education, 1989.
  7. Importance of Entrepreneurship in Economic Development

    Keywords: Entrepreneurship; Development Economics;

    Citation:

    Stevenson, Howard H., and William A. Sahlman. "Importance of Entrepreneurship in Economic Development." Chap. 1 in Entrepreneurship, Intrapreneurship, and Venture Capital: The Foundations of Economic Renaissance, edited by Robert D. Hisrich, 3–26. Canada: Lexington Books, 1986.

Working Papers

  1. Social Enterprise Series No. 28--Social Entrepreneurship and Commercial Entrepreneurship: Same, Different, or Both?

    Citation:

    Austin, James, Howard H. Stevenson, and Jane Wei-Skillern. "Social Enterprise Series No. 28--Social Entrepreneurship and Commercial Entrepreneurship: Same, Different, or Both?" Harvard Business School Working Paper, No. 04–029, November 2003.
  2. The Path-Dependent Evolution of Organizations

    Citation:

    Moldoveanu, Michael C., Nitin Nohria, and Howard H. Stevenson. "The Path-Dependent Evolution of Organizations." Harvard Business School Working Paper, No. 96–005, August 1995.

Cases and Teaching Materials

  1. John and Andrea Rice: Entrepreneurship and Life

    The case follows the professional and personal lives of John and Andrea Rice, illustrating the challenge of "juggling" the multiple aspects of life (career, family, community, self) in the pursuit of a personal vision of success. Particular attention is paid to the role of entrepreneurship. The case is set in mid 2007. John Rice, founder and CEO of Management Leadership for Tomorrow, is passionate about the nonprofit's commitment to minority leadership development, and access to opportunity. But he also is excited about launching a new for-profit venture, CareerCore, with his wife. He must decide what role to play in each of the organizations going forward.

    Keywords: For-Profit Firms; Entrepreneurship; Work-Life Balance; Family and Family Relationships; Nonprofit Organizations;

    Citation:

    Stevenson, Howard H., Janet Kraus, and Shirley Spence. "John and Andrea Rice: Entrepreneurship and Life." Harvard Business School Case 808-042, February 2012. (Revised from original December 2007 version.)
  2. Harmonic Hearing Co., Spreadsheet Supplement (Brief Case)

    Keywords: Debts, Cash flow, Quantitative analysis, Financing, Entrepreneurial finance, Development stage enterprises, Small & medium-sized enterprises;

    Citation:

    Stevenson, Howard H., and Craig Stephenson. "Harmonic Hearing Co., Spreadsheet Supplement (Brief Case)." Harvard Business School Spreadsheet Supplement 114-275, November 2011. (Revised from original March 2011 version.)
  3. Harmonic Hearing Co., Faculty Spreadsheet (Brief Case)

    Citation:

    Stevenson, Howard H., and Craig Stephenson. "Harmonic Hearing Co., Faculty Spreadsheet (Brief Case)." Harvard Business School Spreadsheet Supplement 114-276, November 2011. (Revised from original March 2011 version.)
  4. Laurence Longren: End Game (TN)

    Teaching Note for [808-076].

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Laurence Longren: End Game (TN)." Harvard Business School Teaching Note 808-139, June 2010. (Revised from original May 2008 version.)
  5. Laurence Longren: End Game

    This case examines a successful 64-year old as he considers his goals, and how he should be spending his time, at this stage of his life. It briefly recounts his life story, and provides a special focus on personal financial planning and wealth management issues.

    Keywords: Age Characteristics; Financial Management; Time Management; Personal Development and Career; Planning;

    Citation:

    Stevenson, Howard H., and Shirley M. Spence. "Laurence Longren: End Game." Harvard Business School Case 808-076, May 2010. (Revised from original February 2008 version.)
  6. "Doer's Profile" Bill Gates (William H.) (1955 - )

    Profile of Bill Gates designed to facilitate a discussion of the nature of enduring success. Includes both biographical data and excerpts from autobiographical records.

    Keywords: Leadership; Success; Personal Development and Career; Information Technology Industry;

    Citation:

    Stevenson, Howard H., and Shirley M. Spence. "Doer's Profile" Bill Gates (William H.) (1955 - ). Harvard Business School Compilation 808-083, June 2009. (Revised from original March 2008 version.)
  7. Identifying and Exploiting the Right Entrepreneurial Opportunity...For You

    This note provides an analytical framework for assessing potential opportunities in the context of an entrepreneur's life. The framework has two parts -- a business analysis and a personal analysis -- each comprised of a set of yes/no questions for critical assessment criteria. The note also offers perspectives on entrepreneurship, observations about combining an entrepreneurial career with your personal life, and comments about the pursuit of opportunities in general.

    Keywords: Entrepreneurship; Opportunities;

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Identifying and Exploiting the Right Entrepreneurial Opportunity...For You." Harvard Business School Background Note 808-043, June 2009. (Revised from original December 2007 version.)
  8. Orchid Partners: A Venture Capital Start-up (TN)

    Teaching Note for [804138].

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Orchid Partners: A Venture Capital Start-up (TN)." Harvard Business School Teaching Note 809-002, April 2009.
  9. Paresh Patel: Building a Life in the Context of Global Business - October 2007

    This case tells the story of Paresh Patel, born in Boston to an Indian immigrant family, as he develops an entrepreneurial career, participates in the Indian diaspora, and builds a family life. It provides background on Paresh's heritage, describes his youth and education (including HBS), his learning experience as the manager of a large family fund, his decision to launch a hedge fund in India, and the first years of the venture. It also profiles Nirva Patel and describes how they met, married, and managed the transition to a new life in Mumbai, including the impact on her career and personal aspirations. The case issue, set in October 2007, is whether to have their first child in Mumbai, or return to the U.S. for the delivery.

    Keywords: Diasporas; Work-Life Balance; Entrepreneurship; Personal Development and Career; Boston; Mumbai;

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Paresh Patel: Building a Life in the Context of Global Business - October 2007." Harvard Business School Case 809-045, February 2009.
  10. Financial Profile: Michelle Grey

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Financial Profile: Michelle Grey." Harvard Business School Case 809-112, January 2009.
  11. Todd Krasnow: Orchid Partners (video)

    Keywords: Media;

    Citation:

    Stevenson, Howard H., and Shirley M. Spence. "Todd Krasnow: Orchid Partners (video)." Harvard Business School Video Supplement 809-704, November 2008.
  12. John and Andrea Rice: Entrepreneurship and Life

    Video of an interview conducted by Professor Howard Stevenson with John and Andrea Rice. It presents their views on their notions of career success, finding happiness in life, managing their competitiveness, their goals for the next ten years, and the pursuit of opportunities in business and life.

    Keywords: Entrepreneurship; Success; Personal Development and Career; Opportunities; Happiness; Competitive Strategy;

    Citation:

    Stevenson, Howard H., and Shirley M. Spence. "John and Andrea Rice: Entrepreneurship and Life." Harvard Business School Video Supplement 509-715, October 2008.
  13. The Devil Wears Prada (General Version) (TN)

    Keywords: Fashion Industry;

    Citation:

    Stevenson, Howard H., and Shirley Spence. "The Devil Wears Prada (General Version) (TN)." Harvard Business School Course Overview Note 809-007, October 2008.
  14. Avalon (General Version) (TN)

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Avalon (General Version) (TN)." Harvard Business School Course Overview Note 809-005, August 2008.
  15. Opportunity Assessment (TN)

    Teaching Note for [808043], [808105], and [808106].

    Keywords: SWOT Analysis;

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Opportunity Assessment (TN)." Harvard Business School Teaching Note 809-043, August 2008.
  16. Avalon (HBS Version) (TN)

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Avalon (HBS Version) (TN)." Harvard Business School Course Overview Note 808-154, August 2008. (Revised from original May 2008 version.)
  17. Orchid Partners: Case Epilogue

    Describes the real-life outcome of the case “Orchid Partners: A Venture Capital Start-Up” (9-804-138).

    Keywords: Entrepreneurship; Venture Capital; Outcome or Result; Partners and Partnerships; Financial Services Industry;

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Orchid Partners: Case Epilogue." Harvard Business School Supplement 809-001, July 2008.
  18. The Devil Wears Prada (HBS Version) (TN)

    The Devil Wears Prada is used to facilitate a discussion of the role of communities in people's lives. It is used in a second year MBA elective at HBS called Building a Business in the Context of a Life (BBCL). BBCL is primarily designed for students who plan to be involved in entrepreneurial activity at some point in their careers, and are interested in developing a comprehensive life plan. The Devil Wears Prada also can be useful in courses dealing with career development, corporate culture, or power and influence.

    Keywords: Business Education; Entrepreneurship; Personal Development and Career; Planning; Civil Society or Community; Organizational Culture; Power and Influence;

    Citation:

    Stevenson, Howard H., and Shirley Spence. "The Devil Wears Prada (HBS Version) (TN)." Harvard Business School Course Overview Note 809-006, July 2008.
  19. "Doer's Profile" Nelson Mandela (1918- )

    Profile of Nelson Mandela designed to facilitate a discussion of the nature of enduring success. Includes both biographical data and excerpts from autobiographical records.

    Keywords: Government and Politics; Leadership; Success; Personal Development and Career;

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Doer's Profile" Nelson Mandela (1918- ). Harvard Business School Compilation 808-040, April 2008. (Revised from original August 2007 version.)
  20. Doer's Profiles (TN)

    Teaching Note for [808083], [802136], [808040], and [802137].

    Keywords: Leadership;

    Citation:

    Stevenson, Howard H., and Shirley M. Spence. "Doer's Profiles (TN)." Harvard Business School Teaching Note 808-140, March 2008.
  21. Building a Business in the Context of a Life (BBCL): Course Overview 2008

    Keywords: Entrepreneurship; Curriculum and Courses;

    Citation:

    Stevenson, Howard H., and Shirley Spence. "Building a Business in the Context of a Life (BBCL): Course Overview 2008." Harvard Business School Course Overview Note 808-097, November 2007.
  22. New Venture Financing

    Describes the various alternative financing alternatives available to new ventures. A rewritten version of an earlier note.

    Keywords: Financing and Loans; Business Startups;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "New Venture Financing." Harvard Business School Background Note 802-131, August 2006. (Revised from original January 2002 version.)
  23. A Perspective on Entrepreneurship

    Designed to highlight alternative concepts of good management and the need for entrepreneurship as a response to societal changes. It argues that entrepreneurship can be fostered or destroyed as a function of the administrative setting.

    Keywords: Entrepreneurship; Management Style;

    Citation:

    Stevenson, Howard H. "A Perspective on Entrepreneurship." Harvard Business School Background Note 384-131, April 2006. (Revised from original October 1983 version.)
  24. MontGras: Export Strategy for a Chilean Winery

    MontGras, a medium-sized Chilean winery, has to formulate an export strategy. It has to decide whether to emphasize the U.S. or U.K. markets, which also offer different positioning and pricing proposals. It has twice failed to penetrate the U.S. market because distributor relationships fell through and is deciding between two new potential partners. In the United Kingdom, it is offered participation in a supermarket promotion that will boost volumes, but at the expense of price maintenance. Includes color exhibits.

    Keywords: Decision Choices and Conditions; Cost Management; Global Strategy; Growth and Development Strategy; Marketing Strategy; Product Positioning; Business and Stakeholder Relations; Business Strategy; Valuation;

    Citation:

    Arnold, David J., Howard H. Stevenson, and Alexandra de Royere. "MontGras: Export Strategy for a Chilean Winery." Harvard Business School Case 503-044, November 2005. (Revised from original November 2002 version.)
  25. Deal Structure and Deal Terms

    Describes the general principles of crafting financial deals around the provision of capital to entrepreneurial ventures. Discusses in more detail some of the specific aspects of venture capital term sheets.

    Keywords: Entrepreneurship; Venture Capital; Governance Compliance; Negotiation Deal;

    Citation:

    Roberts, Michael J., and Howard H. Stevenson. "Deal Structure and Deal Terms." Harvard Business School Background Note 806-085, November 2005.
  26. Tools of Cooperation, The

    Presents a theory about the tools a manager can use to get people to agree on a coordinated course of action and effect change in his or her organization. The extent to which people in the organization agree on the way the world works, and agree on what they want, determines which tools will be most effective.

    Keywords: Change Management; Framework; Managerial Roles; Organizations; Performance Effectiveness; Cooperation;

    Citation:

    Christensen, Clayton M., Howard H. Stevenson, and Jeremy Dann. "Tools of Cooperation, The." Harvard Business School Background Note 399-080, August 2005. (Revised from original December 1998 version.)
  27. Just Enough: Defining Lifelong Success

    Keywords: Performance Evaluation; Personal Development and Career;

    Citation:

    Stevenson, Howard. "Just Enough: Defining Lifelong Success." Boston: Harvard Business School Publishing Class Lecture, 2005. Electronic. (Faculty Lecture: HBSP Product Number 9300C.)
  28. Angus Cartwright IV

    Judy and John DeRight, looking to diversify their investment portfolios, have retained Angus Cartwright, Jr. to identify prospective real estate acquisitions. Mr. Cartwright has four potential properties that he feels merit an in-depth financial analysis. The case provides an opportunity to examine the various components of real estate return--cash flow, tax benefits, and futures--and measure the profitability of a proposed investment through the calculation of net present value, internal rate of return, and capitalization rate.

    Keywords: Acquisition; Cash Flow; Investment Return; Investment Portfolio; Taxation; Balanced Scorecard; Valuation;

    Citation:

    Hatten, Kenneth J., William J. Poorvu, Howard H. Stevenson, Arthur I. Segel, and John H. Vogel, Jr. "Angus Cartwright IV." Harvard Business School Case 375-376, September 2004. (Revised from original June 1975 version.)
  29. Casuarinas Educational Corporation

    Casuarinas has developed a very successful elementary, now secondary, school based on excellence in teaching, service, and multilingual education. Peru lacks similar high-quality post-secondary institutions. This case focuses on the potential entry of Casuarinas into the post-secondary educational market.

    Keywords: Forecasting and Prediction; Higher Education; Entrepreneurship; Management; Market Entry and Exit; Planning; Competitive Strategy; Competitive Advantage; Education Industry; Peru;

    Citation:

    Roberts, Michael J., Howard H. Stevenson, and Matthew C. Leib. "Casuarinas Educational Corporation." Harvard Business School Case 802-083, March 2003. (Revised from original February 2002 version.)
  30. "Doer's Profile" Donald John Trump (1946-)

    Designed to facilitate a discussion of the nature of enduring success. Includes both biographical data and excerpts from autobiographical material.

    Citation:

    Stevenson, Howard H., and Laura L. Nash. "Doer's Profile" Donald John Trump (1946-). Harvard Business School Compilation 802-137, March 2002. (Revised from original December 2001 version.)
  31. "Doer's Profile" Jimmy Carter (James Earl, Jr.)

    Designed to facilitate a discussion of the nature of enduring success. Includes both biographical data and excerpts from autobiographical material.

    Keywords: Leadership; Success; Public Administration Industry;

    Citation:

    Stevenson, Howard H., and Laura L. Nash. "Doer's Profile" Jimmy Carter (James Earl, Jr.). Harvard Business School Compilation 802-134, December 2001.
  32. "Doer's Profile" Katherine Graham (1917-2001)

    Designed to facilitate a discussion of the nature of enduring success. Includes both biographical data and excerpts from autobiographical material.

    Keywords: Leadership; Success; Biography; Journalism and News Industry;

    Citation:

    Nash, Laura L., and Howard H. Stevenson. "Doer's Profile" Katherine Graham (1917-2001). Harvard Business School Compilation 802-136, December 2001.
  33. R&R

    Outlines alternative mechanisms for getting into business. Shows the means by which an experienced entrepreneur can gain control over the necessary resources to lower the fixed costs of business entry. Provides a mechanism for discussing the role of experience, credibility, and contacts in the development of a new business venture.

    Keywords: Entrepreneurship; Business Startups; Cost; Social and Collaborative Networks; Experience and Expertise;

    Citation:

    Stevenson, Howard H., and Amy Blitz. "R&R." Harvard Business School Video Supplement 802-802, October 2001.
  34. ICEDELIGHTS Teaching Note

    Teaching Note for (9-898-196).

    Keywords: Food and Beverage Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "ICEDELIGHTS Teaching Note." Harvard Business School Teaching Note 385-071, September 2001. (Revised from original February 1985 version.)
  35. Clarion Optical Co., Teaching Note

    Teaching Note for (9-393-116).

    Keywords: Consumer Products Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Clarion Optical Co., Teaching Note." Harvard Business School Teaching Note 385-082, June 2001. (Revised from original February 1985 version.)
  36. Davis Boatworks

    A successful entrepreneur is considering his need for growth financing and his desire to achieve some personal liquidity. He has arguably the most successful sportfishing boat made, but sees the need both to grow further and to reduce his personal exposure to a cyclical business.

    Citation:

    Stevenson, Howard H., Michael J. Roberts, and Matthew C. Lieb. "Davis Boatworks." Harvard Business School Case 899-248, February 2001. (Revised from original April 1999 version.)
  37. Note on Forms of Real Estate Ownership

    Examines the legal forms of ownership of real property. Included are the corporation, partnership, limited partnership, business trust, real estate investment trust, sole proprietorship, and joint venture. Tax factors and business management considerations are included.

    Keywords: Ownership; Property; Taxation; Business Organization;

    Citation:

    Stevenson, Howard H., and Thierry Liverman. "Note on Forms of Real Estate Ownership." Harvard Business School Background Note 373-148, December 2000. (Revised from original November 1972 version.)
  38. Angel Investing

    Discusses the industry practices of angel investors, individuals who invest privately in new ventures.

    Keywords: Business Startups; Venture Capital; Practice;

    Citation:

    Roberts, Michael J., Howard H. Stevenson, and Kenneth B. Morse. "Angel Investing." Harvard Business School Background Note 800-273, February 2000.
  39. Securities Law and Private Financing

    Describes the issues an entrepreneur faces in the process of raising private funds, and the securities laws which impact the process. Based in part on a note by R.E. Floor of the law firm of Goodwin, Procter & Hoar.

    Keywords: Entrepreneurship; Laws and Statutes; Private Equity; Financing and Loans;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Securities Law and Private Financing." Harvard Business School Background Note 384-164, July 1999. (Revised from original June 1984 version.)
  40. Allen Lane

    Describes Allen Lane's search for a business to buy. The case explores several failed attempts and the ethical, business, and tax issues that surround the acquisition business. Ends with a description of a new acquisition candidate, an independent valuation report of this business, and with Allen Lane preparing his bid.

    Keywords: Acquisition; Ethics; Taxation; Failure; Valuation;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Allen Lane." Harvard Business School Case 384-077, May 1999. (Revised from original September 1983 version.)
  41. Allen Lane, Supplement

    Supplements the case.

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Allen Lane, Supplement." Harvard Business School Supplement 384-133, May 1999. (Revised from original February 1984 version.)
  42. Capital Market Myopia

    Focuses attention on a phenomenon we call capital market myopia, a situation in which participants in the capital markets ignore the logical implications of their individual investment decisions. Viewed in isolation, each decision seems to make sense. When taken together, however, they are a prescription for disaster. Capital market myopia leads to over-funding of industries and unsustainable levels of valuation in the stock market. Uses the Winchester Disk industry to elucidate the phenomenon. Argues that capital market participants should have seen the problem coming. They should have known that valuation levels were absurd, based in large part on the greater fool theory. The data necessary to anticipate the problem were readily available before the industry shakeout began and stock prices collapsed. Offers some simple lessons to help investors and entrepreneurs avoid charter membership in the greater fool club.

    Keywords: Capital Markets;

    Citation:

    Sahlman, William A., and Howard H. Stevenson. "Capital Market Myopia." Harvard Business School Background Note 288-005, December 1998. (Revised from original August 1987 version.)
  43. Holts (B), The

    Supplements the (A) case.

    Citation:

    Stevenson, Howard H. "Holts (B), The." Harvard Business School Case 899-110, December 1998. (Revised from original November 1998 version.)
  44. Holts (A), The

    Focuses on the decision of whether to sell a business or to continue it. Issues regarding the family's roles, the replacement of the business's earning power, and the owner's future roles are discussed. Among the issues raised are the values being transmitted.

    Keywords: Corporate Entrepreneurship; Family Business; Financial Management; Business or Company Management; Value;

    Citation:

    Stevenson, Howard H. "Holts (A), The." Harvard Business School Case 899-109, November 1998.
  45. Commercial Fixtures, Inc., Teaching Note

    Teaching Note for (9-393-115).

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Commercial Fixtures, Inc., Teaching Note." Harvard Business School Teaching Note 385-073, August 1998. (Revised from original February 1985 version.)
  46. Heather Evans, Teaching Note

    Teaching Note for (9-384-079).

    Keywords: Apparel and Accessories Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Heather Evans, Teaching Note." Harvard Business School Teaching Note 385-079, August 1998. (Revised from original February 1985 version.)
  47. Viscotech, Inc., Teaching Note

    Teaching Note for (9-393-117).

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Viscotech, Inc., Teaching Note." Harvard Business School Teaching Note 385-083, August 1998. (Revised from original February 1985 version.)
  48. Heather Evans

    Focuses on the efforts of Heather Evans, a second-year MBA student, and her attempts to start her own dress business. Examines the business plan and the process of acquiring control over the financial and human resources necessary to implement the plan.

    Keywords: Business Plan; Business Startups; Investment; Human Resources; Strategic Planning; Apparel and Accessories Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Heather Evans." Harvard Business School Case 384-079, July 1998. (Revised from original September 1983 version.)
  49. Bankruptcy: A Debtor's Perspective

    Describes the business and legal context surrounding personal and corporate bankruptcy.

    Keywords: Insolvency and Bankruptcy; Financial Condition; Legal Liability; Personal Finance; Loss; Business or Company Management;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Bankruptcy: A Debtor's Perspective." Harvard Business School Background Note 898-278, June 1998. (Revised from original June 1998 version.)
  50. SITEL Corporation

    SITEL has grown extremely rapidly and is now operating worldwide with operations in more than 30 countries. Since many of its locations serve the same customers, the officers are debating the costs and benefits of additional centralization. Some feel that the autonomy of the managers has spurred the spectacular success. Others believe that cost savings and sharing best practice could add substantially to the future potential of the company.

    Citation:

    Stevenson, Howard H., and Martha Gershun. "SITEL Corporation." Harvard Business School Case 898-153, May 1998. (Revised from original February 1998 version.)
  51. Financial Investigation Group Exercise

    Keywords: Finance;

    Citation:

    Sahlman, William A., Howard H. Stevenson, and Andrew S. Janower. "Financial Investigation Group Exercise." Harvard Business School Exercise 897-008, August 1996.
  52. Glossary for Universal Robotics

    Citation:

    Stevenson, Howard H. "Glossary for Universal Robotics." Harvard Business School Supplement 386-163, July 1996. (Revised from original April 1986 version.)
  53. Claflin-Ukraine Fund 1995

    Keywords: Investment Funds; Venture Capital; Ukraine;

    Citation:

    Stevenson, Howard H., and Thomas M. Claflin II. "Claflin-Ukraine Fund 1995." Harvard Business School Case 395-158, April 1995. (Revised from original March 1995 version.)
  54. Karen Vincent and Zodiac Corporation TN

    Citation:

    Stevenson, Howard H. "Karen Vincent and Zodiac Corporation TN." Harvard Business School Teaching Note 394-023, August 1994. (Revised from original July 1993 version.)
  55. DDI Corp.--1994

    Citation:

    Stevenson, Howard H. "DDI Corp.--1994." Harvard Business School Case 394-187, May 1994. (Revised from original April 1994 version.)
  56. Mark Kaufman and 3 Strikes Custom Design (C)

    Citation:

    Stevenson, Howard H. "Mark Kaufman and 3 Strikes Custom Design (C)." Harvard Business School Supplement 394-196, April 1994.
  57. Eastwind Trading Co. (A)

    Two professional women are contemplating a business venture. They must assess the nature of the opportunity, what options it opens if they are to pursue the venture, and how they might finance the new business. A rewritten version of an earlier case.

    Keywords: Business Startups; Finance; Business or Company Management; Goals and Objectives; Opportunities;

    Citation:

    Stevenson, Howard H. "Eastwind Trading Co. (A)." Harvard Business School Case 393-119, January 1994. (Revised from original March 1993 version.)
  58. Vintage Directions, Inc. TN

    Teaching Note for (9-393-043).

    Citation:

    Stevenson, Howard H. "Vintage Directions, Inc. TN." Harvard Business School Teaching Note 394-020, July 1993.
  59. Securities Law and Public Offerings

    Describes the relevant securities laws which pertain to the public offering of securities, as well as the business issues and process of a public offering.

    Keywords: Laws and Statutes; Capital Markets; Initial Public Offering; Public Administration Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Securities Law and Public Offerings." Harvard Business School Background Note 384-165, March 1993. (Revised from original June 1984 version.)
  60. Clarion Optical Co.

    Focuses on two individuals' attempts to purchase Clarion Optical Co. Forces students to consider alternative proposals for financing the purchase; generate pro forma cash flows to assess the feasibility of these proposals; estimate the sources and magnitude of financial return to each of the involved parties; and assess the advantages and disadvantages of the proposals. A rewritten version of an earlier case.

    Keywords: Leveraged Buyouts; Financing and Loans; Investment Return; Cash Flow; Forecasting and Prediction;

    Citation:

    Roberts, Michael J., and Howard H. Stevenson. "Clarion Optical Co." Harvard Business School Case 393-116, March 1993.
  61. Eastwind Trading Company (B)

    Describes the aftermath of the (A) case. Describes the actions taken and the possible consequences for the company and its principals. Also describes the principals' attitudes at this point. A rewritten version of an earlier case.

    Keywords: Business Startups; Finance; Management; Opportunities;

    Citation:

    Stevenson, Howard H. "Eastwind Trading Company (B)." Harvard Business School Supplement 393-120, March 1993.
  62. Eastwind Trading Company (C)

    Shows the final ending of the situation. A rewritten version of an earlier case.

    Citation:

    Stevenson, Howard H. "Eastwind Trading Company (C)." Harvard Business School Supplement 393-121, March 1993.
  63. DDI Corporation

    Citation:

    Stevenson, Howard H. "DDI Corporation." Harvard Business School Case 393-048, February 1993. (Revised from original September 1992 version.)
  64. Korff Enterprises, Inc.

    Citation:

    Stevenson, Howard H., and Myra M. Hart. "Korff Enterprises, Inc." Harvard Business School Case 393-070, November 1992.
  65. International Treasury Systems, Inc.

    Keywords: Finance;

    Citation:

    Stevenson, Howard H., and Myra M. Hart. "International Treasury Systems, Inc." Harvard Business School Case 393-045, October 1992.
  66. Vintage Directions, Inc.

    Focuses on the problem of determining whether to continue with a start-up after the first market test. The company has seen product success but is far from break-even and needs additional financing. Focuses on opportunity analysis and the use of market data to assess whether progress is being made.

    Keywords: Product Launch; Product Marketing; Marketing Strategy; Forecasting and Prediction; Corporate Entrepreneurship; Business Startups; Business or Company Management;

    Citation:

    Stevenson, Howard H. "Vintage Directions, Inc." Harvard Business School Case 393-043, September 1992.
  67. Howard Head and Prince Manufacturing, Inc.

    Deals with the issue of an entrepreneur in a very successful company deciding whether to stay through a period of great growth or to sell. What are the entrepreneur's responsibilities to the organization, to his employees, to the public? As subtopics, the issues of marketing versus having a strong product that sells itself, patents and the legal issues involved, manufacturing problems, and a rising business in a sharply declining market.

    Keywords: Business Growth and Maturation; Decisions; Entrepreneurship; Patents; Law; Markets; Production; Sales;

    Citation:

    Stevenson, Howard H. "Howard Head and Prince Manufacturing, Inc." Harvard Business School Case 388-079, May 1992. (Revised from original January 1988 version.)
  68. Valerie Morgan

    Presents interviews and conversations with a woman who recently started a publishing house. Primarily concerns her immediate future regarding harvesting options: IPO, sell out, step up to chairman, venture capital, etc. Also deals with the excitement and thrill of having your own business dream; i.e., the thrill of doing.

    Keywords: Interactive Communication; Decision Choices and Conditions; Entrepreneurship; Cash; Initial Public Offering; Business or Company Management; Strategic Planning; Publishing Industry;

    Citation:

    Stevenson, Howard H. "Valerie Morgan." Harvard Business School Case 386-164, November 1990. (Revised from original March 1986 version.)
  69. Spinnaker Software Corp.

    Describes the problems faced by a company that has experienced remarkable growth, but growth which is below projections. The management must evaluate the company's position in the turbulent software industry. The two partners must then decide whether to cut back to obtain more quick profitability or else to continue on a growth plan which can either lead to dominance or bankruptcy. The cash requirements will require outside funding.

    Keywords: Decisions; Borrowing and Debt; Insolvency and Bankruptcy; Profit; Growth and Development; Growth and Development Strategy; Problems and Challenges; Software; Information Technology Industry;

    Citation:

    Stevenson, Howard H. "Spinnaker Software Corp." Harvard Business School Case 385-252, November 1990. (Revised from original May 1985 version.)
  70. Thunder Partners III

    Citation:

    Stevenson, Howard H., and Thomas M. Claflin II. "Thunder Partners III." Harvard Business School Case 390-028, November 1990. (Revised from original February 1990 version.)
  71. Doug Ranalli

    Citation:

    Stevenson, Howard H. "Doug Ranalli." Harvard Business School Case 391-027, August 1990.
  72. Note on Acquiring Bank Credit

    Outlines the issues and alternatives faced by start-up businesses in attracting bank credit. The topics covered are how to lay the groundwork for establishing a banking relationship, selecting a bank, preparing an application, and negotiating a loan.

    Keywords: Business Startups; Credit; Financing and Loans; Management; Negotiation; Relationships;

    Citation:

    Bhide, Amar, and Howard H. Stevenson. "Note on Acquiring Bank Credit." Harvard Business School Background Note 391-010, July 1990.
  73. Adding Value at the Top: A Perspective on the General Manager's Job

    Citation:

    Salter, Malcolm S., and Howard H. Stevenson. "Adding Value at the Top: A Perspective on the General Manager's Job." Harvard Business School Background Note 388-089, July 1990. (Revised from original February 1988 version.)
  74. Karen Vincent and Zodiac Corp.

    Keywords: Family Business; Production; Management; Performance Improvement; Apparel and Accessories Industry;

    Citation:

    Stevenson, Howard H. "Karen Vincent and Zodiac Corp." Harvard Business School Case 389-078, March 1990. (Revised from original December 1988 version.)
  75. Jill White, Video

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Jill White, Video." Harvard Business School Video Supplement 890-514, December 1989.
  76. Steven B. Belkin, Video

    This video both shows responses to student questions and updates the case material.

    Citation:

    Roberts, Michael J., and Howard H. Stevenson. "Steven B. Belkin, Video." Harvard Business School Video Supplement 890-504, August 1989.
  77. Mark Kaufman and 3 Strikes Custom Design (A)

    Citation:

    Stevenson, Howard H. "Mark Kaufman and 3 Strikes Custom Design (A)." Harvard Business School Case 388-068, June 1989. (Revised from original December 1987 version.)
  78. Mark Kaufman and 3 Strikes Custom Design (B)

    Citation:

    Stevenson, Howard H. "Mark Kaufman and 3 Strikes Custom Design (B)." Harvard Business School Supplement 389-185, April 1989.
  79. Jim Southern

    A recent MBA graduate has reached tentative agreement for an LBO of a forms-printing business with $43 million sales. At the eleventh hour, however, the seller has demanded that the buyer personally guarantee $4 million of accounts payable.

    Keywords: Accounting; Leveraged Buyouts; Fairness;

    Citation:

    Stevenson, Howard H. "Jim Southern." Harvard Business School Case 387-009, March 1989. (Revised from original July 1986 version.)
  80. Howard Head and Prince Manufacturing, Inc., Teaching Note

    Teaching Note for (9-388-079).

    Citation:

    Stevenson, Howard H. "Howard Head and Prince Manufacturing, Inc., Teaching Note." Harvard Business School Teaching Note 388-165, March 1989. (Revised from original June 1988 version.)
  81. Note on Attracting Stakeholders

    Acquiring resources--or to put it more broadly, attracting stakeholders--is a basic entrepreneurial task. While every enterprise needs employees, customers, suppliers, and financiers who are willing to risk their time and money, attracting these "stakeholders" to an entrepreneurial venture is a particularly difficult challenge. This note first describes the importance of the challenge and then the set of tasks the entrepreneur must work on in order to overcome it: Designing the enterprise to minimize the stakeholder investment needed, selecting the right stakeholders, and then convincing them to participate in the enterprise.

    Keywords: Business Ventures; Customers; Entrepreneurship; Investment; Human Resources; Organizational Design; Business and Stakeholder Relations; Risk and Uncertainty;

    Citation:

    Bhide, Amar, and Howard H. Stevenson. "Note on Attracting Stakeholders." Harvard Business School Background Note 389-139, February 1989.
  82. Orbital Sciences Corp. (A)

    Keywords: Aerospace Industry;

    Citation:

    Sahlman, William A., and Howard H. Stevenson. "Orbital Sciences Corp. (A)." Harvard Business School Case 386-175, February 1989. (Revised from original April 1986 version.)
  83. Benetton S.p.A.

    Focuses on the strategic/organizational development of Benetton. Examines the organizational structure which has allowed the company to expand into a world scale company from its small entrepreneurial base. Examines the functional strategies which have allowed a huge firm to succeed in a fashion business. Poses the question as to whether this same organization can be successful in the face of diversification.

    Keywords: Marketing Strategy; Organizational Structure; Growth and Development; Business Strategy; Performance Effectiveness; Fashion Industry; Apparel and Accessories Industry;

    Citation:

    Stevenson, Howard H. "Benetton S.p.A." Harvard Business School Case 389-074, January 1989.
  84. First Place (A), Teaching Note

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "First Place (A), Teaching Note." Harvard Business School Teaching Note 385-070, January 1989. (Revised from original February 1985 version.)
  85. Tru-Paint, Inc., Teaching Note

    Keywords: Industrial Products Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Tru-Paint, Inc., Teaching Note." Harvard Business School Teaching Note 385-072, January 1989. (Revised from original February 1985 version.)
  86. Steven B. Belkin, Teaching Note

    Teaching Note for (9-383-042).

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Steven B. Belkin, Teaching Note." Harvard Business School Teaching Note 385-077, January 1989. (Revised from original February 1985 version.)
  87. Allen Lane, Teaching Note

    Teaching Note for (9-384-077).

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Allen Lane, Teaching Note." Harvard Business School Teaching Note 385-080, January 1989. (Revised from original February 1985 version.)
  88. Universal Robotics Corp., Teaching Note

    Teaching Note for (9-383-075).

    Keywords: Electronics Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Universal Robotics Corp., Teaching Note." Harvard Business School Teaching Note 385-084, January 1989. (Revised from original February 1985 version.)
  89. SSS (Scientific Systems Services), Teaching Note

    Keywords: Service Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "SSS (Scientific Systems Services), Teaching Note." Harvard Business School Teaching Note 385-091, January 1989. (Revised from original February 1985 version.)
  90. Introduction: Instructor's Manual: New Business Ventures and the Entrepreneur

    Keywords: Entrepreneurship; Business Startups;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Introduction: Instructor's Manual: New Business Ventures and the Entrepreneur." Harvard Business School Teaching Note 385-200, January 1989. (Revised from original February 1985 version.)
  91. First Place (B)

    Citation:

    Stevenson, Howard H. "First Place (B)." Harvard Business School Case 383-138, December 1988. (Revised from original March 1983 version.)
  92. Stratus Computer (TN)

    Teaching Note for (9-682-030).

    Keywords: Computer Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Stratus Computer (TN)." Harvard Business School Teaching Note 385-086, December 1988. (Revised from original February 1985 version.)
  93. John Koss and Koss Corp.

    Citation:

    Stevenson, Howard H. "John Koss and Koss Corp." Harvard Business School Case 389-077, December 1988.
  94. Michael Bregman

    Michael Bregman has successfully opened pilot installations of two different restaurant concepts. He now must develop a strategy for growth, including decisions about fast or slow growth, use of company-owned versus franchised units, and how to use the different concepts. To do this, Michael must give particular consideration to the pros and cons of franchising.

    Keywords: Decisions; Framework; Growth and Development Strategy; Franchise Ownership; Expansion;

    Citation:

    Stevenson, Howard H., and Richard O. von Werssowetz. "Michael Bregman." Harvard Business School Case 383-107, November 1988. (Revised from original March 1983 version.)
  95. Steven B. Belkin

    Steven Belkin, 26 years old and 2 1/2 years out of HBS, has decided to leave a group travel company he has run for the last year to start his own similar business. In the course of several months he has written a business plan, attracted several partners and employees, begun setting up the first tour they will offer, and approached venture capital firms and wealthy individuals to raise $250,000 in equity. He has not yet succeeded in finding investors. At the same time he has gone into personal debt to cover expenses. Now he must reconsider his financing strategy.

    Keywords: Business Plan; Business Startups; Decisions; Equity; Investment; Personal Finance; Recruitment; Resignation and Termination; Failure; Partners and Partnerships;

    Citation:

    Stevenson, Howard H., and Richard O. von Werssowetz. "Steven B. Belkin." Harvard Business School Case 383-042, September 1988. (Revised from original October 1982 version.)
  96. Wear-Guard (A)

    Citation:

    Roberts, Michael J., and Howard H. Stevenson. "Wear-Guard (A)." Harvard Business School Case 389-023, September 1988.
  97. Wear-Guard (B)

    Citation:

    Roberts, Michael J., and Howard H. Stevenson. "Wear-Guard (B)." Harvard Business School Supplement 389-024, September 1988.
  98. Howard Head and Prince Manufacturing, Inc., Video

    Keywords: Manufacturing Industry;

    Citation:

    Stevenson, Howard H. "Howard Head and Prince Manufacturing, Inc., Video." Harvard Business School Video Supplement 889-504, August 1988.
  99. Howard Head Story, Video

    Citation:

    Stevenson, Howard H. "Howard Head Story, Video." Harvard Business School Video Supplement 889-505, August 1988.
  100. The Start-Up Process

    Describes the various stages in the start-up process and describes in detail the questions that can be asked and the analysis that can be performed to help deal with the issues that arise at each stage.

    Keywords: Business Startups;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "The Start-Up Process." Harvard Business School Background Note 384-179, August 1988. (Revised from original December 1983 version.)
  101. Valuation Techniques

    Describes several approaches to valuation of a going concern: assets, earnings, and cash flow.

    Keywords: Valuation; Business Earnings; Assets; Cash Flow;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Valuation Techniques." Harvard Business School Background Note 384-185, August 1988. (Revised from original January 1984 version.)
  102. Mark Kaufman and 3 Strikes Custom Design (A), TN

    Citation:

    Stevenson, Howard H. "Mark Kaufman and 3 Strikes Custom Design (A), TN." Harvard Business School Teaching Note 388-166, June 1988.
  103. Ken Brown, Video

    Citation:

    Stevenson, Howard H., and Dolores Mullin. "Ken Brown, Video." Harvard Business School Video Supplement 888-516, June 1988.
  104. Hewlett-Packard: Challenging the Entrepreneurial Culture

    Keywords: Entrepreneurship; Organizational Culture; Organizational Change and Adaptation;

    Citation:

    Stevenson, Howard H. "Hewlett-Packard: Challenging the Entrepreneurial Culture." Harvard Business School Case 384-035, December 1987. (Revised from original August 1983 version.)
  105. R&R

    Outlines alternative mechanisms for getting into business. Shows the means by which an experienced entrepreneur can gain control over the necessary resources in order to lower the fixed costs of business entry. Provides a mechanism for discussing the role of experience, credibility, and contacts in the development of a nonbusiness venture.

    Citation:

    Stevenson, Howard H. "R&R." Harvard Business School Case 386-019, November 1987. (Revised from original November 1985 version.)
  106. Colossal Mini Control, Inc.

    Citation:

    Hatten, Kenneth J., and Howard H. Stevenson. "Colossal Mini Control, Inc." Harvard Business School Case 375-174, April 1987. (Revised from original December 1974 version.)
  107. Wolff, Morgan & Co.

    Citation:

    Stevenson, Howard H. "Wolff, Morgan & Co." Harvard Business School Case 372-235, December 1986. (Revised from original January 1972 version.)
  108. Atlas Lighting Co.

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Atlas Lighting Co." Harvard Business School Case 384-235, September 1986. (Revised from original April 1984 version.)
  109. Duncan Field (B)

    Following the acquisition of a new business, the manager is approached for the "continuation" of a regular payment for services to "insure labor peace" and maintain a parking lot. The case allows discussion of ethical, legal, and practical issues involved.

    Keywords: Acquisition; Ethics; Law; Management; Service Industry;

    Citation:

    Stevenson, Howard H. "Duncan Field (B)." Harvard Business School Supplement 386-179, July 1986. (Revised from original April 1986 version.)
  110. Ed Snate (A)

    Citation:

    Stevenson, Howard H. "Ed Snate (A)." Harvard Business School Case 386-130, June 1986.
  111. CBS

    Keywords: Media and Broadcasting Industry;

    Citation:

    Stevenson, Howard H. "CBS." Harvard Business School Case 386-187, June 1986.
  112. R&R, Teaching Note

    Teaching Note for (9-386-019).

    Keywords: Business Startups; Entrepreneurship; Experience and Expertise; Contracts; Cost Management; Governance Controls; Market Entry and Exit;

    Citation:

    Stevenson, Howard H. "R&R, Teaching Note." Harvard Business School Teaching Note 386-160, April 1986.
  113. Compensation Planning for Entrepreneurs

    Citation:

    Stevenson, Howard H. "Compensation Planning for Entrepreneurs." Harvard Business School Background Note 386-090, October 1985.
  114. Personal Liability as a Corporate Director or Officer

    Citation:

    Stevenson, Howard H. "Personal Liability as a Corporate Director or Officer." Harvard Business School Background Note 386-099, October 1985.
  115. Pre-Start Analysis: A Framework for Thinking About Business Ventures

    Describes the thought process an entrepreneur should undergo before committing to a course of action. Covers understanding the opportunity--assessing the critical skills, resources, relationships, and approvals--developing an action plan; forming a business entity; controlling the venture; harvesting the venture; and then a brief summary. Provides a useful framework to be used by entrepreneurs starting their own venture.

    Keywords: Business Ventures; Entrepreneurship; Framework; Growth and Development Strategy; Management Skills; Resource Allocation;

    Citation:

    Stevenson, Howard H., and John R. Van Slyke. "Pre-Start Analysis: A Framework for Thinking About Business Ventures." Harvard Business School Background Note 386-075, September 1985.
  116. Finding a Job with a Small Company

    Describes a process of self-evaluation for working in small companies, discusses small company issues, focuses on some basic search techniques, and ends with a little how-to section. The goal is to facilitate the process of securing a job in a small company and to show that it is a very real job alternative for MBA graduates.

    Keywords: Decision Choices and Conditions; Higher Education; Recruitment; Work-Life Balance; Interests;

    Citation:

    Stevenson, Howard H. "Finding a Job with a Small Company." Harvard Business School Background Note 386-076, September 1985.
  117. Ken Brown Cards: Entrepreneurship or Art?

    Keywords: Entrepreneurship;

    Citation:

    Stevenson, Howard H. "Ken Brown Cards: Entrepreneurship or Art?" Harvard Business School Case 384-271, August 1985. (Revised from original June 1984 version.)
  118. Michael Bregman, Teaching Note

    Teaching Note for (9-383-107).

    Citation:

    Stevenson, Howard H. "Michael Bregman, Teaching Note." Harvard Business School Teaching Note 383-108, July 1985. (Revised from original March 1983 version.)
  119. Ed Snate (B)

    Citation:

    Stevenson, Howard H. "Ed Snate (B)." Harvard Business School Supplement 386-204, July 1985.
  120. Mark Olive, Teaching Note

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Mark Olive, Teaching Note." Harvard Business School Teaching Note 385-258, June 1985.
  121. Ken Brown Cards: Entrepreneurship or Art?, Teaching Note

    Keywords: Entrepreneurship; Arts;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Ken Brown Cards: Entrepreneurship or Art?, Teaching Note." Harvard Business School Teaching Note 385-259, June 1985.
  122. CML Group, Inc.: Carroll Reed Ski Shops, Inc., Teaching Note

    Keywords: Sports Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "CML Group, Inc.: Carroll Reed Ski Shops, Inc., Teaching Note." Harvard Business School Teaching Note 385-261, June 1985.
  123. Buying an Existing Business: The Search Process

    Citation:

    Stevenson, Howard H. "Buying an Existing Business: The Search Process." Harvard Business School Background Note 385-330, May 1985.
  124. Ruth M. Owades

    Ruth Owades developed a concept for a new mail order venture offering gardening products. Her current employer turned down the idea, so with permission to try it independently, she has begun the process of raising funds and preparing for a separate operation. She still has many uncertainties, but with a deadline approaching to meet the single selling season, she must decide to leave her job or give up the idea.

    Keywords: Business Startups; Decisions; Entrepreneurship; Borrowing and Debt; Resignation and Termination; Operations; Risk and Uncertainty;

    Citation:

    Stevenson, Howard H., Richard O. von Werssowetz, and Robert W. Kent. "Ruth M. Owades." Harvard Business School Case 383-051, February 1985. (Revised from original November 1982 version.)
  125. Electrodec

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Electrodec." Harvard Business School Case 384-078, February 1985. (Revised from original September 1983 version.)
  126. Duncan Field (A), Teaching Note

    Teaching Note for (9-382-137).

    Keywords: Acquisition; Negotiation; System; Personal Development and Career; Entertainment and Recreation Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Duncan Field (A), Teaching Note." Harvard Business School Teaching Note 385-074, February 1985.
  127. Electrodec, Teaching Note

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Electrodec, Teaching Note." Harvard Business School Teaching Note 385-076, February 1985.
  128. Ruth M. Owades, Teaching Note

    Teaching Note for (9-383-051).

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Ruth M. Owades, Teaching Note." Harvard Business School Teaching Note 385-078, February 1985.
  129. Atlas Lighting Co., Teaching Note

    Keywords: Manufacturing Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Atlas Lighting Co., Teaching Note." Harvard Business School Teaching Note 385-090, February 1985.
  130. Computervision vs. Automatix (B)

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Computervision vs. Automatix (B)." Harvard Business School Supplement 384-143, January 1985. (Revised from original February 1984 version.)
  131. Computervision vs. Automatix (A)

    Keywords: Technology; Technology Industry; Computer Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Computervision vs. Automatix (A)." Harvard Business School Case 384-142, September 1984. (Revised from original November 1983 version.)
  132. Note on Residual Pricing

    Keywords: Price;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Note on Residual Pricing." Harvard Business School Background Note 385-150, September 1984.
  133. Techniques of Purchasing a Company

    Keywords: Mergers and Acquisitions;

    Citation:

    Stevenson, Howard H. "Techniques of Purchasing a Company." Harvard Business School Background Note 384-189, June 1984.
  134. Wilson Cabinet Co.

    Keywords: Forest Products Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Wilson Cabinet Co." Harvard Business School Case 384-166, June 1984. (Revised from original January 1984 version.)
  135. Michael Beck

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Michael Beck." Harvard Business School Case 384-234, May 1984.
  136. First Place (A)

    Citation:

    Stevenson, Howard H. "First Place (A)." Harvard Business School Case 383-137, May 1984. (Revised from original March 1983 version.)
  137. SSS (Scientific Systems Services)

    Keywords: Science-Based Business;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "SSS (Scientific Systems Services)." Harvard Business School Case 384-129, May 1984. (Revised from original November 1983 version.)
  138. Robeson Distribution Systems

    Keywords: Distribution Industry;

    Citation:

    Stevenson, Howard H., and Michael J. Roberts. "Robeson Distribution Systems." Harvard Business School Case 384-178, December 1983.
  139. Cablevision of Boston

    Keywords: Television Entertainment; Business and Government Relations; Media and Broadcasting Industry;

    Citation:

    Stevenson, Howard H. "Cablevision of Boston." Harvard Business School Case 384-130, November 1983.
  140. Zero Stage Capital Equity Fund: Excerpts from Offering Memorandum

    Keywords: Venture Capital;

    Citation:

    Stevenson, Howard H. "Zero Stage Capital Equity Fund: Excerpts from Offering Memorandum." Harvard Business School Case 384-075, September 1983.
  141. Struthers and Williamson Manufacturing Co.

    Keywords: Manufacturing Industry;

    Citation:

    Stevenson, Howard H. "Struthers and Williamson Manufacturing Co." Harvard Business School Case 383-017, May 1983. (Revised from original August 1982 version.)
  142. Ruth M. Owades, Teaching Note

    Teaching Note for (9-383-051).

    Citation:

    Stevenson, Howard H. "Ruth M. Owades, Teaching Note." Harvard Business School Teaching Note 383-066, April 1983. (Revised from original December 1982 version.)
  143. Steven B. Belkin, Teaching Note

    Teaching Note for (9-383-042).

    Citation:

    Stevenson, Howard H. "Steven B. Belkin, Teaching Note." Harvard Business School Teaching Note 383-068, December 1982.
  144. Dennison Manufacturing Co. (C)

    Keywords: Manufacturing Industry;

    Citation:

    Stevenson, Howard H. "Dennison Manufacturing Co. (C)." Harvard Business School Case 313-119, September 1982. (Revised from original November 1967 version.)
  145. Head Ski Co., Inc.

    Describes the development of the company to its present preeminence in high-priced skis and the avenues that it can follow to obtain new growth.

    Keywords: History; Strategy; Price; Growth and Development; Growth and Development Strategy;

    Citation:

    Stevenson, Howard H. "Head Ski Co., Inc." Harvard Business School Case 313-120, September 1982. (Revised from original July 1967 version.)
  146. Blow-Mold Packers, Inc.

    Citation:

    Stevenson, Howard H., and Audrey T. Sproat. "Blow-Mold Packers, Inc." Harvard Business School Case 372-239, December 1977. (Revised from original January 1972 version.)

Presentations

  1. Entrepreneurship Has Won: Now What Do We Do?

    Keywords: Entrepreneurship;

    Citation:

    Stevenson, H. H. "Entrepreneurship Has Won: Now What Do We Do?" Paper presented at the USASBE/SBIDA Joint Annual National Conference, United States Association for Small Business and Entrepreneurship (USASBE), San Antonio, TX, February 01, 2000.
  2. Career Paths of Entrepreneurs with MBAs: A Comparative Study of Alumni from Three Graduate Programs

    Keywords: Entrepreneurship; Higher Education; Personal Development and Career;

    Citation:

    Muzyka, Daniel F., H. H. Stevenson, and A. Larson. "Career Paths of Entrepreneurs with MBAs: A Comparative Study of Alumni from Three Graduate Programs." Paper presented at the INSEAD Conference, Institut Européen d'Administration des Affaires (INSEAD), July 01, 1991.